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Feb 23, 2012
02/12
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the u.s. >> you brought up a good point on emerging markets. most people think they have so much oil, this is a boom for them. outside of russia and the mideast, this is a major problem. to the extent that people wanted markets to be the growth end, how sensitive in a place like korea and south korea and turkey, these are major oil importers and do you think they are starting to have an effect on their central policy and monetary policy? >> i think it's going to hurt their growth and we are calculating so it's a noisy number and you are right to highlight that the middle east and russia will highlight. china and more developing economies have a 1-1 relationship. they need oil to generate the economic growth. the u.s. economy is growing with falling oil demand that told you we are not being driven by oil-intense economic output. with china and other markets, you need that growth. you said about a .25 effect and for every 10% move in oil, about a .35 effect for developing economies and a multipl
the u.s. >> you brought up a good point on emerging markets. most people think they have so much oil, this is a boom for them. outside of russia and the mideast, this is a major problem. to the extent that people wanted markets to be the growth end, how sensitive in a place like korea and south korea and turkey, these are major oil importers and do you think they are starting to have an effect on their central policy and monetary policy? >> i think it's going to hurt their growth...
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Feb 22, 2012
02/12
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>> absolutely, u.s. demand will absolutely have an impact on brent, no question about that. >> but you still see the price continuing higher? >> the discount between wti and brent is not necessarily driven by the brent premium, it's driven by infrastructure constraints, and shale oil in this country. which if anything, our experts out there are underestimating production growth. we produce about half a million barrels a day out of oil shale. we see that going to 3.3 million barrels a day in several years. it's actually a very significant macro chip. i guess the implication is you and i and everyone else should be buying a truck. >> so a spread over brent is -- >> i think over for quite some time. >> ann, good to see you. >> thank you. >> ann cameron looking at the spread between brent and wti. >> let's take a look at some of the today's business. americans are buying homes at the fastest pace in almost two years. existing home sales rose 4.3% in january, the highest rate since may 2010. and the inventory
>> absolutely, u.s. demand will absolutely have an impact on brent, no question about that. >> but you still see the price continuing higher? >> the discount between wti and brent is not necessarily driven by the brent premium, it's driven by infrastructure constraints, and shale oil in this country. which if anything, our experts out there are underestimating production growth. we produce about half a million barrels a day out of oil shale. we see that going to 3.3 million...
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Jun 19, 2012
06/12
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so ubs certainly would be a beneficiary, and u.s. banks beaten to death. >> thank you. we'll see what happens tomorrow. we'll cross finger and toes and everything else at that point, that is the first hour of the "closing bell" with the dow up 98
so ubs certainly would be a beneficiary, and u.s. banks beaten to death. >> thank you. we'll see what happens tomorrow. we'll cross finger and toes and everything else at that point, that is the first hour of the "closing bell" with the dow up 98
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Mar 28, 2012
03/12
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my next guest says u.s. investors are better off looking north of the border when it comes to the red hot banking industry. >> and is td bank on the verge of stepping up the u.s. expansion plans? ceo ed clark joins us for an exclusive interview. you're watching "closing bell." we are first in business worldwide. ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing customs like that hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, that's logistics. ♪ >>> welcome back. we have about 45 minutes to go. we're going to do a quick market stat check. all of the major averages that hit the skids today after the durable goods report and a decline in energy prices right now the dow is off session lows. we were down about 115. actually, 128 at one time. but now down 95 at 13,102. materials have been the hardest-hit sector today. we have freeport-mcmoran,
my next guest says u.s. investors are better off looking north of the border when it comes to the red hot banking industry. >> and is td bank on the verge of stepping up the u.s. expansion plans? ceo ed clark joins us for an exclusive interview. you're watching "closing bell." we are first in business worldwide. ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics....
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Jun 20, 2012
06/12
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should the fed problem up the u.s. economy or let it stand on it's own two feet? tweet us @cnbcclosingbell. ♪ [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. our cloud is made of bedrock. concrete. and steel. our cloud is the smartest brains combating the latest security threats. it spans oceans, stretches continents. and is scalable as far as the mind can see. our cloud is the cloud other clouds look up to. welcome to the uppernet. verizon. do a lot of sending... and receiving. sending...and receiving. sending...and receiving. sending...and receiving. sending...and receiving. [ bob ] i got the tickets. [ male announcer ] and with citibank popmoney, it's even easier to keep sending...and receiving. let me get you back. no, it's on me. i insist. no way. yes way. well let me chip in. [ male announcer ] send mo
should the fed problem up the u.s. economy or let it stand on it's own two feet? tweet us @cnbcclosingbell. ♪ [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. our cloud is made of bedrock. concrete. and steel. our cloud is the smartest...
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May 30, 2012
05/12
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u.s. still the best place to put your money? and cloud wars, the reports of a deal with facebook ramping up their sales. mark bennioff talks about where he's seeing growth. >>> welcome to the ""fast money" halftime report. "straight to the issue at hand facing investors right now, and that's making money at a record low yield environment. where do you do that? >> first of all, you have to look at a low be texas a correlation to the s&p itself. there's no better place than the xlu. you go well-diversified and don't pick individual names here. you are getting a dividend close to 4% and a beta .56, the lowest of the etfs. >> thing it is probably going lower, but you have to go crawling through the wreckage. and look at walmart, which we mentioned, ever since the downgrade from a year ago on the halftime report this thursday, the stock is trading near a 12-year high. they seem to be doing everything right right now. so a look at walmart up on a down tape, and i still think that's an interestin
u.s. still the best place to put your money? and cloud wars, the reports of a deal with facebook ramping up their sales. mark bennioff talks about where he's seeing growth. >>> welcome to the ""fast money" halftime report. "straight to the issue at hand facing investors right now, and that's making money at a record low yield environment. where do you do that? >> first of all, you have to look at a low be texas a correlation to the s&p itself. there's no...
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Feb 15, 2012
02/12
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he's increased his bets on u.s. blue chips, intel and ibm. according to berkshire hathaway's latest regulatory finding. he's added a new position in libya media and made a near 1 million dollar investment in directv. it pick up shares of general dynamics and took new stake in dialysis. they added provisions in coca-cola and care marek and reduced stakes in kraft. he's making big bets on technology which has performed very well. i was surprised he was taking his name ouftd j and j and kraft. they've been staples across the board. people like to hold them. i suppose we have to look at all of the holdings in berkshire to get a sense of what he's trying to balance because it's a huge portfolio. >> it is a huge portfolio as you say, which is a key point. his track record isn't bad, though, is it? i suppose that's why people follow. >> yeah. and just with his name. warren buffett is warren buffett. people like to know what he's doing and they like to see what he's making. whether you follow what berkshire is doing, that's another big question. mean
he's increased his bets on u.s. blue chips, intel and ibm. according to berkshire hathaway's latest regulatory finding. he's added a new position in libya media and made a near 1 million dollar investment in directv. it pick up shares of general dynamics and took new stake in dialysis. they added provisions in coca-cola and care marek and reduced stakes in kraft. he's making big bets on technology which has performed very well. i was surprised he was taking his name ouftd j and j and kraft....
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Nov 12, 2012
11/12
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the u.s. -- a new report today says the u.s. is set to surpass saudi arabia in oil output by 2020. but is that really going to help bring prices down here at home? talk about that coming up. the answer may surprise you. >>> also ahead, lockheed martins incoming ceo, just the latest corporate leader ousted because of a sex scandal on the same day the cia chief goes down for the same reason. should both men have kept their jobs, though? we have a debate on that coming up. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity rati
the u.s. -- a new report today says the u.s. is set to surpass saudi arabia in oil output by 2020. but is that really going to help bring prices down here at home? talk about that coming up. the answer may surprise you. >>> also ahead, lockheed martins incoming ceo, just the latest corporate leader ousted because of a sex scandal on the same day the cia chief goes down for the same reason. should both men have kept their jobs, though? we have a debate on that coming up. stay tuned....
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Jun 25, 2012
06/12
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. >>> the u.s. supreme court may rule on whether president obama's health care law is unconstitutional. >>> so a warm welcome to this side of the trading week on "worldwide exchange." we're one hour to the trading day for europe and after being up last week but down for the last two sessions we're now down for a third session. weighted to the down side. decliners outpacing advancers by more than 9-1 with the dow jones stock 600. so european stocks, the ftse 100 up, currently down last week. it was up last week. xetra dax down 1.5%. it was up half a percent last week. the ibex down sharply off a 2%. wait to hear whether we get a formal request for bank aid during the course of the program or during the course of the day as many expect. as far as bond markets are concerned, we see yields edge higher in spain getting back towards the 6.5% but still down from the 7% we were two weeks ago, also high yields this morning but below 6%. ten-year bund levels 1.52%. we hit 1.14% yield on german bunds. as far a
. >>> the u.s. supreme court may rule on whether president obama's health care law is unconstitutional. >>> so a warm welcome to this side of the trading week on "worldwide exchange." we're one hour to the trading day for europe and after being up last week but down for the last two sessions we're now down for a third session. weighted to the down side. decliners outpacing advancers by more than 9-1 with the dow jones stock 600. so european stocks, the ftse 100 up,...
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Feb 15, 2012
02/12
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. -- we're starting to see some of the fundamentals in the u.s. play a little differently. i hate to use the word decoupling. >> right. >> they're not all tied together. >> unless there's a very -- >> very dramatic adverse -- exactly. >> do you expect that to happen? >> i don't think it's going to be very dramatic. i think you're going to see a two step forward, one step back event. we don't get a nice result of this for another year. >> technology has been the sector for all seasons, as we noted here. at some point, though, does that stop? apple, it's sort of a proxy for that, in the extreme. but as you said, you like -- >> technology, break it down between software and hardware, we're seeing record valuation gaps where the systems soft wears, et cetera, are at record high valuations. at the same time we're seeing valuations on the semiconductor low ends. it's not a story, let's buy them all. but i think this is a time for active stock risk take. >> then let me add a wild card here. the financials have done well this year, after a horrible couple
. -- we're starting to see some of the fundamentals in the u.s. play a little differently. i hate to use the word decoupling. >> right. >> they're not all tied together. >> unless there's a very -- >> very dramatic adverse -- exactly. >> do you expect that to happen? >> i don't think it's going to be very dramatic. i think you're going to see a two step forward, one step back event. we don't get a nice result of this for another year. >> technology has...
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Jun 1, 2012
06/12
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u.s. bond yields hit record lows. >> it's clear that the policies we've seen are not working. >> these job numbers are pathetic. >> announcer: republicans smell blood, an opportunity. >> and i think on the right leadership we can be -- >> announcer: now it's president obama's turn. he's expected to speak at anyman. and we'll bring you every word. with tyler mathisen at cnbc global headquarters and sue herera at the new york stock exchange. a special edition of "power lunch" on jobs friday begins right now. >>> good afternoon everybody. welcome to "power lunch." we have three topics to talk about this hour. and none could be as important as these three. jobs, stocks and how the run for the white house changed dramatically today. >> indeed it did, ty. we will hear from president obama about today's weak jobs report any minute now. he is at honeywell manufacturing plant in golden valley, minnesota. if you missed it, the unemployment rate, it ticked up to 8.2%, only 69,000 jobs were created in
u.s. bond yields hit record lows. >> it's clear that the policies we've seen are not working. >> these job numbers are pathetic. >> announcer: republicans smell blood, an opportunity. >> and i think on the right leadership we can be -- >> announcer: now it's president obama's turn. he's expected to speak at anyman. and we'll bring you every word. with tyler mathisen at cnbc global headquarters and sue herera at the new york stock exchange. a special edition of...
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256
Feb 10, 2012
02/12
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eye 256
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they've run up in the u.s. the bank stocks in the u.s. until today were up 14%. in europe, they were up 25%. so they've run up. you've had five weeks in a row. the markets are due for a breather, please. it was overbought, if anything. one little message to every man watching this show, if your wife, girlfriend, daughter or mother says they don't want something for valentine's day, they don't mean it. >> they all agree with you apparently. all the traders on the floor there. >> you said buy those dividend payers. the dividend payers haven't worked out all that well. they've traded down, right? >> that's right. not this year. the materials, you all have pointed out here on the show, it's been materials and financials. it's been the high beta stocks. the defensive stocks have not worked that well. another high beta area that's -- >> still the dividend payers? >> we like the dividend payers. buy the cheap stocks that have low global exposure. the emerging stocks that have been overweight have done phenomenally earlier this year. the emerging market currency index is
they've run up in the u.s. the bank stocks in the u.s. until today were up 14%. in europe, they were up 25%. so they've run up. you've had five weeks in a row. the markets are due for a breather, please. it was overbought, if anything. one little message to every man watching this show, if your wife, girlfriend, daughter or mother says they don't want something for valentine's day, they don't mean it. >> they all agree with you apparently. all the traders on the floor there. >> you...
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Mar 21, 2012
03/12
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it's more of what ross was saying, if the u.s. is fundamentally driving things here and you get a batch of data on home sales that look be great, it's just a rally. >> these words remembering that in spain they've already raised 40% of their funding because total funding, they've already raised that through march. suddenly they are higher than the italian market. it's not going to -- it doesn't necessarily impact their funding which is the root cause of everybody's fear. >> what is interesting, in spain in particular, you see the banks picked up government debt on the ecb quantitative easing equivalent over there, the ltro. without having anything fundamentally changed over the solvency picture, it's good to meet the funding obligations. going forward, it's not like they have taken advantage to turn this around. the deficit picture is worsening and the economy is weak as well. >> what worries me a little bit, kelly, the euro weakened mid-morning, we saw our markets move. and that worries me, the higher yields have been creeping up
it's more of what ross was saying, if the u.s. is fundamentally driving things here and you get a batch of data on home sales that look be great, it's just a rally. >> these words remembering that in spain they've already raised 40% of their funding because total funding, they've already raised that through march. suddenly they are higher than the italian market. it's not going to -- it doesn't necessarily impact their funding which is the root cause of everybody's fear. >> what is...
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153
Sep 5, 2012
09/12
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i would see u.s. exports of refined petroleum products continuing to grow, help the manufacturing centers, helping our business. >> say i'm a businessman with a lot of money. i listen to you. i want to open a refinery right next to you. is it tougher to site a refinery than we think? >> incredibly tough. >> we buihaven't built a lot. >> we modernized the plants we have. a year, two years in permitting, three or four in execution. building refineries in the country, very tough to do. the most lukely place it will happen is in the backyard of the existing plants. that's what we are doing for example in woods cross near salt lake city, utah. expanding from 30,000 to 44,000 barrels a day. >> one last question. i'm thinking why don't you own a thousand gas stations? you have the low cost refined product. you sell it to people. the other guys i follow have stations do they have the wrong model? >> we have high returns to capital employ. the retail business has lower returns and relies on getting people into
i would see u.s. exports of refined petroleum products continuing to grow, help the manufacturing centers, helping our business. >> say i'm a businessman with a lot of money. i listen to you. i want to open a refinery right next to you. is it tougher to site a refinery than we think? >> incredibly tough. >> we buihaven't built a lot. >> we modernized the plants we have. a year, two years in permitting, three or four in execution. building refineries in the country, very...
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307
Feb 17, 2012
02/12
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eye 307
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find out what else is on tap in the u.s. and europe that could impact your investments, that's coming up right here on the "closing bell." >>> investors are going to be hit with a barrage of retail earnings come next week. so what should we all expect to hear about gross ma jins and inventory management following a big promotions during the holiday shopping season. courtney joins us with a preview on that. >> good afternoon again, bill. 80% of the s&p 500 have already reported their quarterly earnings. a lot of retailers still on deck. next week is going to be a big week. a big one, especially on tuesday. take a look at this earnings calendar. we've got macy's, walmart and home depot all reporting tuesday. walmart target ahead of the earnings release, wednesday we hear from tj maxx and dollar tree. gap, kohl's and jcpenney will round out the week. johnson announced the ratings at the analyst's meeting. shares are taking a hit. while they did beat the street, they reported that their gross margin will fall this year, at least
find out what else is on tap in the u.s. and europe that could impact your investments, that's coming up right here on the "closing bell." >>> investors are going to be hit with a barrage of retail earnings come next week. so what should we all expect to hear about gross ma jins and inventory management following a big promotions during the holiday shopping season. courtney joins us with a preview on that. >> good afternoon again, bill. 80% of the s&p 500 have...
80
80
Apr 26, 2012
04/12
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CNBC
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eye 80
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i want to buy medical examiner and sell u.s. dollars. >> give me a level quickly. >> sure. 13.25, we want to sell u.s. dollars. stop at 13.30, profit at 13.03. >> talk to you soon. let's answer a quick treat here. please cover las vegas sands today. head scratching selloff, dr. j, at the time jane wells said it was a huge beat. certainly looked to be great. what's going on? >> well, obviously what's going on is table games are up huge, about 28%. i think slots are up 18%. that's -- a lot of that, judge, was anticipated going into it. but this is similar to akamai, this one reversed in after hours as well. that means you get to the sideline in my eyes. get a $53 target and get back in. >> got ya. final trades next. you know, typical alarm clock. i am so glad to get rid of it. just to be able to wake up in the morning on your own. that's a big accomplishment to me. i don't know how much money i need. but i know that whatever i have that's what i'm going to live within. ♪ ♪ ♪ how did the nba become the hottest league on the p
i want to buy medical examiner and sell u.s. dollars. >> give me a level quickly. >> sure. 13.25, we want to sell u.s. dollars. stop at 13.30, profit at 13.03. >> talk to you soon. let's answer a quick treat here. please cover las vegas sands today. head scratching selloff, dr. j, at the time jane wells said it was a huge beat. certainly looked to be great. what's going on? >> well, obviously what's going on is table games are up huge, about 28%. i think slots are up...
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36
May 17, 2012
05/12
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with a still teetering u.s. economic recovery, among the keys to the weekend it will be the first meeting of global leaders with french president francois. it's going to take time to work out that key german-franco relationship. they're not expecting concrete results from the weekend. and they do see a long road ahead, we're told. officials say the europeans have better tools, like the $500 billion firewall they created to deal with financial problems and recapitalizing their banks, but they think it's a matter of political will to use them. the administration has long maintained it's within the ability of europe to solve its problems. the president will meet with g-8 leaders this weekend, g-20 leaders next month is the main forum for addressing global financial issues. the officials are looking to the euro meetings of leaders next week as well. brian. >> just real quick question for you here, steve. okay, so president obama is going to try to urge the european leaders to basically get their act together. is the
with a still teetering u.s. economic recovery, among the keys to the weekend it will be the first meeting of global leaders with french president francois. it's going to take time to work out that key german-franco relationship. they're not expecting concrete results from the weekend. and they do see a long road ahead, we're told. officials say the europeans have better tools, like the $500 billion firewall they created to deal with financial problems and recapitalizing their banks, but they...
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72
Mar 26, 2012
03/12
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eye 72
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in fact, last year according to the u.s. cuba trade council, u.s. companies shipped $347 million worth of agricultural products to cuba. shipping companies happen to be one of the beneficiaries of this busine business. president of krouly liner services, one of the few companies with a license to transport goods there. i think most americans would be surprised to hear we are shipping from the united states to cuba even though there's an embargo. >> there are a number of things surprising about the embargo. >> reporter: he says despite the decline, his company maintains steady business. every weekend he loads up a ship like this one full of containers filled with agricultural products and sets sail for cuba. his ship leaves on a 16-hour journey to cuba from a u.s. port that could see business boom if sanctions are relaxed with the communist country. that according to deputy port director. if the embargo to cuba were to end, would your port see more business? >> we believe so. >> reporter: so even though you can ship to cuba as an agricultural company
in fact, last year according to the u.s. cuba trade council, u.s. companies shipped $347 million worth of agricultural products to cuba. shipping companies happen to be one of the beneficiaries of this busine business. president of krouly liner services, one of the few companies with a license to transport goods there. i think most americans would be surprised to hear we are shipping from the united states to cuba even though there's an embargo. >> there are a number of things surprising...
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249
Apr 3, 2012
04/12
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devry university, proud to support the education of our u.s. olympic team. ♪ ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. >>> welcome back to the "closing bell." i'm brian shactman. in that picture you just saw, percentage-wise the nasdaq is doing better than the other two indices but not a whole lot. i want to start with something in the green which is amazon. they will be able to stream on playstation 3. the mobile application which got good reviews it getting out of the beta testing phase. that was above 200 and now it's slightly below that. the downgrade from barclays is part of the reason from time and our parent company comcast. research in motion was down 10%. the jean munster comments are big but also you have to keep in mind, they came up with the smartphone numbers. market share is down 13% where apple is over 30 and google's android is over 50. back to you. >> brian, thank you so much.
devry university, proud to support the education of our u.s. olympic team. ♪ ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. >>> welcome back to the "closing bell." i'm brian shactman. in that picture you just saw, percentage-wise the nasdaq is doing better than the other two indices but not a whole lot. i want to start with...
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104
Dec 18, 2012
12/12
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eye 104
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so given that the weakest part of the u.s. economy has been capital spending related to the public policy uncertainty, i don't see an avoid the worst case scenario is significantly different from our base which was $1508 billion of fiscal drag which would impact the economy in the beginning of the year. >> barry, don't you think that -- do you really think that the market is going to get that granular, that it's going to get -- the ins and the outs, every last little part of the deal? once word filters on cnbc and other news outlets that a deal has been reached or at least the substance thereof, a framework of the deal has been reached? you know which way the market is going to go, don't you? >> i think it's already done it. this is the psychology that we heard prior to qe forever being announced in september and, of course, the market ripped the day after the qe forever was announced and then that was the peak. right? so, look, you guys are the traders. you're responsible for picking this short-term peaks and troughs. i'm no
so given that the weakest part of the u.s. economy has been capital spending related to the public policy uncertainty, i don't see an avoid the worst case scenario is significantly different from our base which was $1508 billion of fiscal drag which would impact the economy in the beginning of the year. >> barry, don't you think that -- do you really think that the market is going to get that granular, that it's going to get -- the ins and the outs, every last little part of the deal?...
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220
Mar 20, 2012
03/12
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chief u.s. equity strategist at morgan stanley, i know you have been cautious on this for a while now. does it make you even more wanting to take profits at this point? >> it does. i'm not tempted to chase the beta rally. i think people are very optimistic about the economy, whether it's housing or and counter to what the fed wants them to do, perhaps sensing a continuing recovery in our economy. normally you wouldn't want brent, wti up at these levels. our work shows two months lagging from rising oil is when the risk of version kicks in so we're near a rollover because of higher oil. so i think there's mixed signals and i don't think it's pure risk on. >> i think it's going to be mixed it. i don't see a lot of upside at earnings season. in january it came down. analysts were forecasting 114 bucks in earnings. now it's 105. they have taken the numbers down and i think that's still an issue but we'll see how it pans out. >> adam parker,ou
chief u.s. equity strategist at morgan stanley, i know you have been cautious on this for a while now. does it make you even more wanting to take profits at this point? >> it does. i'm not tempted to chase the beta rally. i think people are very optimistic about the economy, whether it's housing or and counter to what the fed wants them to do, perhaps sensing a continuing recovery in our economy. normally you wouldn't want brent, wti up at these levels. our work shows two months lagging...
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Apr 19, 2012
04/12
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>> bewell, what we have right n is the u.s. markets and international markets. in the u.s. natural gas is low. it's been this low before but not in recent years. and everybody is debating as to how long it will last at these levels given the new technology in terms of shale fracking. but coal is still the main stay of the u.s. electricity grid. we've got a fall off in demand this year because of weather, a much milder winter as well as because of gas but we still have 40 to 45% of our capacity still coal-based. where we've got our assets, we're still anticipating growth over the long term. >> how do t about this now? do you say, i'm assuming natural gas is going to rise again and not be as competitive or do you sit down and say, what do we do if this is permanent? >> well, we started six or seven years ago moving our company platform to an international platform because we knew that the growth rates for coal outside of the u.s. were going to be 5 to 10% compound annual growth rates. even in the best of times within the u.s., probably around 1%. because we are a mature econo
>> bewell, what we have right n is the u.s. markets and international markets. in the u.s. natural gas is low. it's been this low before but not in recent years. and everybody is debating as to how long it will last at these levels given the new technology in terms of shale fracking. but coal is still the main stay of the u.s. electricity grid. we've got a fall off in demand this year because of weather, a much milder winter as well as because of gas but we still have 40 to 45% of our...
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Apr 20, 2012
04/12
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to 35% roughly of our sales are in the u.s. and i would say a similar percentage of our revenue comes from products manufactured here. we try to manufacture where our customers sit. >> is nat gas a feed stock? >> nat gas is a minor feed stock. we recently divested a big user of nat gas. nat gas is a feed stock for propolene. we're not seeing the all-time low natural gas prices unfortunately bring the costs down. >> can i ask before you go what it would take to bring the rest of those jobs here to the u.s.? >> again, we need to match our production with where the market demand is. as airplanes continue to get build, we'll add capacity. we have a major 200 million plus to make carbon fiber for the airline industry that will come online. what will create additional production for us here is additional consumption of our products here. >> thanks so much. >> my pleasure. thanks for having me. >> just ahead on "street signs," rising fuel costs are creating rough seas for one cruise line. he's out of here. herb plays cruise director n
to 35% roughly of our sales are in the u.s. and i would say a similar percentage of our revenue comes from products manufactured here. we try to manufacture where our customers sit. >> is nat gas a feed stock? >> nat gas is a minor feed stock. we recently divested a big user of nat gas. nat gas is a feed stock for propolene. we're not seeing the all-time low natural gas prices unfortunately bring the costs down. >> can i ask before you go what it would take to bring the rest...
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Feb 8, 2012
02/12
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what i like to focus on is the u.s. economy. if you think about the idea that perhaps the bleeding has been staunched in europe through the long-term repo operations, refinance operations, which kind of has brought italy and spain, at least their yields under control, and if there is progress towards a deal here in greece, then maybe we can kind of move on with our nation, and weak recovery without concern that the bottom's going to drop out of it at any minute now with a greek financial event. >> that safety net that the ecb put in a couple of months ago has helped certainly in the near term. >> and you've got the other event, they're going to sell more money at the end of this month. and that could also be quite large. but it seems clear there was a need for that kind of liquidity, a kind of temporary quantitative easing, a tqe is the best way to think about it. >> brian, you used the term spring loaded. this market is hardly spring loaded right now. we have highs of about 110, which is a decent number, but historically speaki
what i like to focus on is the u.s. economy. if you think about the idea that perhaps the bleeding has been staunched in europe through the long-term repo operations, refinance operations, which kind of has brought italy and spain, at least their yields under control, and if there is progress towards a deal here in greece, then maybe we can kind of move on with our nation, and weak recovery without concern that the bottom's going to drop out of it at any minute now with a greek financial event....
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Jul 12, 2012
07/12
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in a statement, a u.s. olympic committee spokesman said the team is grateful for the support of the sponsors and did not directly address the chinese issue. ralph lauren also had no comment. >> that's our -- is that a -- those are really the outfits that the athletes wear? >> apparently. >> that's it? that's -- >> berets. feels more french. >> doesn't say -- same colors as france. berets on. what's that, ascot? >> it's stylish and looks european. oh -- not very manly. >> our producer said the female one looks like the american airline stewardess outfelts of the 1960s. when it was elegant. really? those are our outfits? >> and made in china. >> that's worse. >> that's worse. >>> the markets back in positive territory. that's no controversy. >> but, oh, are territory, and that's no controversy. >> we're coming up with lots, lots more, and find out which state you voted the tops for business. that comes to mind for me is my high school math teacher, dr. gilmore. i mean he could teach. he was there for us, even
in a statement, a u.s. olympic committee spokesman said the team is grateful for the support of the sponsors and did not directly address the chinese issue. ralph lauren also had no comment. >> that's our -- is that a -- those are really the outfits that the athletes wear? >> apparently. >> that's it? that's -- >> berets. feels more french. >> doesn't say -- same colors as france. berets on. what's that, ascot? >> it's stylish and looks european. oh -- not...
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Apr 16, 2012
04/12
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you landed the u.s. tour ? done. this is fantastic ! music is my life and i want to make the most of it without missing a beat. fly without putting your life on pause. be yourself nonstop. american airlines. how did the nba become the hottest league on the planet? by building on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. standard keyless access, and standard leather-trimmed seats, then your choice is obvious. the lexus es. it's complete luxury in a class full of compromises. see your lexus dealer. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> call it extreme dieting, the
you landed the u.s. tour ? done. this is fantastic ! music is my life and i want to make the most of it without missing a beat. fly without putting your life on pause. be yourself nonstop. american airlines. how did the nba become the hottest league on the planet? by building on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company...
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Nov 19, 2012
11/12
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the judge of the u.s. bankruptcy court will preside over a mediation between hostess lawyers and bakers union which had previously turned down a deal. tomorrow's mediation is private. that's important because like the public hearing today, of course, everyone wants to satisfy those who are watching and the vested interest at hand. this way they'll hopefully be able to put some concessions on the table without worry being that public perception. if that mediation does not resu result, the hearing that was going on today for the liquidation, that will resume wednesday at 11 a.m. if, in fact, they cannot reach an agreement tomorrow. for the meantime, a lot of people have been in the parlor game of speculating about whether a buyer will come to the fore. many companies have voiced they wouldn't step in before seeing the outcome of whether the company would be liquidating. in that case pick off the assets. we have heard sun capital potentially interested in a deal, that would be involving the unions. so that mi
the judge of the u.s. bankruptcy court will preside over a mediation between hostess lawyers and bakers union which had previously turned down a deal. tomorrow's mediation is private. that's important because like the public hearing today, of course, everyone wants to satisfy those who are watching and the vested interest at hand. this way they'll hopefully be able to put some concessions on the table without worry being that public perception. if that mediation does not resu result, the...
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Mar 15, 2012
03/12
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so the u.s. has a little bit more competition in terms of being the cheapest currency out there. >> that's why you think, i guess, the dollar could go higher, even though our fed wants to keep rates low for the foreseeable future here? >> that's absolutely right. >> why is that bad for stocks necessarily? >> it is not necessarily bad for stocks. but we've seen really a huge correlation between a weak dollar and strong profitability. it's been a huge boon to u.s. manufacturing. and to exporters. and we could see a turn-around in that. especially as you've seen the dollar move versus the yen, first time in a couple years. >> are you telling clients to get out of those then? >> not at all. we're just saying, it's an emerging risk. >> right now, technology and financials seem to be the driving engines here for this market. do you like those? do you go with the momentum players? or do you -- >> scoop up some of the value plays with a little more technology. i think it's more of a stock selection issue
so the u.s. has a little bit more competition in terms of being the cheapest currency out there. >> that's why you think, i guess, the dollar could go higher, even though our fed wants to keep rates low for the foreseeable future here? >> that's absolutely right. >> why is that bad for stocks necessarily? >> it is not necessarily bad for stocks. but we've seen really a huge correlation between a weak dollar and strong profitability. it's been a huge boon to u.s....
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Feb 17, 2012
02/12
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will sky-high oil end up stalling the u.s. recovery. alan krueger will join me coming up in the program. how we finished the day on wall street. fractional moves on the day, with the dow up 46 points, off the best levels of the session. nasdaq reversing course, still up 13% year-to-date. nasdaq down about eight points. and the s&p 500 higher by a fraction, at 1361. let's get all the action from courtney reagan, our woman on the floor of the nyse today. >> we didn't quite make it to 13,000, but we were close, what, about 50 points off the highs. thought we would do it. didn't quite do it. maybe we'll see what happens on monday, or tuesday rather, because the markets are closed on monday. if we get the deal over the weekend, or at least the agreement for the second round of bailouts for greece, we might see a little bit of a pullback on tuesday, a sort of the bit of a sell on the news. let's look where some of the dow components since the last day we hit 13,000. that was hit back on may 19th of 2008. look at this. mcdonald's up 65%. home
will sky-high oil end up stalling the u.s. recovery. alan krueger will join me coming up in the program. how we finished the day on wall street. fractional moves on the day, with the dow up 46 points, off the best levels of the session. nasdaq reversing course, still up 13% year-to-date. nasdaq down about eight points. and the s&p 500 higher by a fraction, at 1361. let's get all the action from courtney reagan, our woman on the floor of the nyse today. >> we didn't quite make it to...
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Mar 1, 2012
03/12
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stay with us. >>> the recovery of the u.s. economy has continued. >> this is the feks, though, on european equity markets. i'm freaking out man. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a totally new investing dashboard. everything is on one page, your investments, quotes, research... it's like the buffet last night. whatever helps you understand man. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the new 360 investing dashboard at e-trade. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. wh
stay with us. >>> the recovery of the u.s. economy has continued. >> this is the feks, though, on european equity markets. i'm freaking out man. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a totally new investing dashboard. everything is on one page, your investments, quotes, research... it's like the buffet last night....
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Mar 15, 2012
03/12
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the fact that the u.s. banks are in pretty good shape, actually really good shape, comparatively, hens that the u.s. economy is going to do well. we've seen growth -- growth in the u.s. so, yeah, we think the risk appetite will slowly start to increase as we go through time. >> europe as well. i know that you believe european stock valuations are cheap compared to the u.s. valuations and rate europe as a buy in terms of the equities at least. i guess that means you are pretty confident that the recent worries are behind us or at least enough behind us that companies here can continue to grow. explain that to us. >> well, many of the european companies that i'm talking about are really the multinational companies that operate not just in europe but they operate all over the world. so europe has some major, major corporations that fit that mold. i'm not sure that europe is really solved the problem. they've papered over their problems with a lot of money. greece is off the table for a year. but i'm not sure t
the fact that the u.s. banks are in pretty good shape, actually really good shape, comparatively, hens that the u.s. economy is going to do well. we've seen growth -- growth in the u.s. so, yeah, we think the risk appetite will slowly start to increase as we go through time. >> europe as well. i know that you believe european stock valuations are cheap compared to the u.s. valuations and rate europe as a buy in terms of the equities at least. i guess that means you are pretty confident...
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Jul 19, 2012
07/12
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it's structural issue in u.s. competitiveness. i define competitiveness this way. can u.s. companies successfully compete with those around the world and the united states have a rising standard of living? if i'm right then the economy isn't going to get to where we want to just by waiting. it takes policy actions the address the competitiveness issue. >> i think we could have a successful economy in this country. we have an enormous natural resources. we have a lot of advantages. rule of law, et cetera. but i think we need to meet three great challenges. we have to have a sound fiscal regime. for all kinds of reasons. secondly, i think we muffin creased public investment in the education and infrastructure with a budget and thirdly reform of immigration, health care, education and many other areas. >> so, tyler, we didn't get in to specifics but they talked about a policy action, but also, getting the fiscal house in order right now to address the longer term issues. >> they made to me a tremendous amount of sense, both of those individuals did. and i would say one of the
it's structural issue in u.s. competitiveness. i define competitiveness this way. can u.s. companies successfully compete with those around the world and the united states have a rising standard of living? if i'm right then the economy isn't going to get to where we want to just by waiting. it takes policy actions the address the competitiveness issue. >> i think we could have a successful economy in this country. we have an enormous natural resources. we have a lot of advantages. rule of...
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Jun 21, 2012
06/12
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negative reyields in the u.s. to 20 years and the protected security for 10-year maturity is negative -- >> back to high yield, where are you finding the best values right now? in what industrial areas or what parts of the world? >> we like energy. one particular area we like in the marketplace and also kind of a higher risk play would be the home building sector. and not a lot of people are convinced that housing industry turned around but we do find good value in the home building sector. taylor morrison is a company we like. the second thing is down the credit spectrum. the average high yield bond yields about 8%. triple cs is 11.5. that's a pretty attractive yield we think in the marketplace today. yes, taking more risk but the assessment -- >> put on the under armour for that. >> you're paid to take the risk. >> thank you very much. continued good luck to you. >> thank you, ty. >>> folks, back to you. >> all right. tyler, thank you very much, sir. >>> next, the business of burgers with the ceo of red robin. >
negative reyields in the u.s. to 20 years and the protected security for 10-year maturity is negative -- >> back to high yield, where are you finding the best values right now? in what industrial areas or what parts of the world? >> we like energy. one particular area we like in the marketplace and also kind of a higher risk play would be the home building sector. and not a lot of people are convinced that housing industry turned around but we do find good value in the home building...
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Apr 18, 2012
04/12
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and when you go to sleep as a u.s. equity holder, you're not going to be all, how are you going wake up? are you going to be positive and long moving money? that's the big issue. european sovereign concerns are controlling our market. >> the rain in spain, that is the problem? >> i think it's incorrect to look at this market in such a broad macro brush right now. we are in the earnings season and that is what ultimately matters. it is about stocks individually. you mentioned at the top of the show ibm and intel. and the question becomes for technology is the beginning of the summer school that we've sxerned in the last couple of years. in the case of intel, i said last night at 5:00 p.m., i didn't like the quarter. i don't like the cap x is going to get above $10 billion to $11 billion. that is going to be a contraction on margins. you'll see margins go down to around %. but it's specific to intel itself. in the case of ibm, europe appears to be a headwind. and i think that headwind for europe is going to persist here
and when you go to sleep as a u.s. equity holder, you're not going to be all, how are you going wake up? are you going to be positive and long moving money? that's the big issue. european sovereign concerns are controlling our market. >> the rain in spain, that is the problem? >> i think it's incorrect to look at this market in such a broad macro brush right now. we are in the earnings season and that is what ultimately matters. it is about stocks individually. you mentioned at the...
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May 8, 2012
05/12
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>> i think you need to look at the u.s. and as well as europe and japan to continue to pump into the system and i think that there's a fair bit of that to come. as we saw the economic data out of europe, the recovery is not tepid at best. there's a bit more to come out of europe and if you're going to continue to get systematic bets out of europe, the fed is there as well. >> john, you're looking at the dollar as well. if it continues higher, that's not good for gold, is it? >> that's a great point, bill. if you want to look at monetary accommodation, this is 2012, not 2011. the central bank can help things. overall, gold is a technical market. it sold down with the concerns of europe overnight and if gold is trading like a growth market, they need to correlate it things like with the aussie dollar. >> john, what's your level there, then? how much lower can gold go, then? >> gold can trade very sharply. >> darren, you feel that we're at a bottom for gold, at least you think we are? >> i feel as my colleague on my left just
>> i think you need to look at the u.s. and as well as europe and japan to continue to pump into the system and i think that there's a fair bit of that to come. as we saw the economic data out of europe, the recovery is not tepid at best. there's a bit more to come out of europe and if you're going to continue to get systematic bets out of europe, the fed is there as well. >> john, you're looking at the dollar as well. if it continues higher, that's not good for gold, is it?...
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Sep 19, 2012
09/12
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so the u.s. stance, i believe, will be let's try to negotiate this and keep it peaceful. >> and i guess, peter, china has an extraordinarily powerful tool if we're talking about economic retaliation here. if the u.s. tried anything, wouldn't china be able to dump our bonds? >> they would. let's look at the bigger story here. the are small islands,ut they hava eclaring the south chi sea essentially a china lake. it's not just japan they're dealing with. they're having the same kind of conflict with vietnam, brunai, and the philippines. i disagree strongly with ann. of course it's in the interest of the united states to support japan in this matter. we have a moral, legal, military and strategic obligation to do so. by the way, as we go here into the stores and buy made in china, we're essentially funding the aircraft carrier fleet china is funding so it can bully japan and push the u.s. pacific fleet out of china. this is a big story. yeah, they hold our money. yeah, they might threatn to dump it.
so the u.s. stance, i believe, will be let's try to negotiate this and keep it peaceful. >> and i guess, peter, china has an extraordinarily powerful tool if we're talking about economic retaliation here. if the u.s. tried anything, wouldn't china be able to dump our bonds? >> they would. let's look at the bigger story here. the are small islands,ut they hava eclaring the south chi sea essentially a china lake. it's not just japan they're dealing with. they're having the same kind...
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Feb 6, 2012
02/12
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elsewhere, this deadline for u.s. state officials to take a settlement deal on robo-signings with some of the nation's biggest banks that deadline is today, we have our real estate reporter diana olick in washington following that story for us and simon hobbs is back at headquarters tracking everything greek in the markets and simon, i am told now that the eu officials really, really, really mean it this time when they say the greeks had better get their act together, yes? >> is there a lot of exasperation, i think it is really very clear. everybody is exasperated by the damn story, but if you look, for example, what is coming out of angela merkel today, she met the french president nicolas sarkozy in france, she was quite clear, time is running out, couldn't understand why they didn't have the delay and indeed, they were even suggesting now perhaps the greeks should put the money they would have to repay their debts into some sort of he is xroerk the degree which they don't trust them. we did think, since we have got
elsewhere, this deadline for u.s. state officials to take a settlement deal on robo-signings with some of the nation's biggest banks that deadline is today, we have our real estate reporter diana olick in washington following that story for us and simon hobbs is back at headquarters tracking everything greek in the markets and simon, i am told now that the eu officials really, really, really mean it this time when they say the greeks had better get their act together, yes? >> is there a...
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Mar 9, 2012
03/12
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will it or won't it impact u.s. investors. we'll have a chat with nouriel roubini coming up next. >>> here's a look at some of today's winners and losers. >>> welcome back. bob pisani down on the floor of the new york stock exchange. modest gains in the markets today. why so modest considering we had nonfarm payrolls better than expected and the greek private sector debt deal concluding. but we had the rally. it's already there. up almost 9% for the year. a very simple answer, we've been moving up on those expectations. financials, a pretty good day overall. certainly no bis disappointments in that group. most of them were up fractionally. same situation with the home builders, which have had three big up days on the indications that the spring home buying season at least has been as good as expected. and in some cases might be a little better than some people anticipated. most of the major home builders hit 52-week highs. for all the worries in the middle of the week about a china slowdown, most of the major indices ended up
will it or won't it impact u.s. investors. we'll have a chat with nouriel roubini coming up next. >>> here's a look at some of today's winners and losers. >>> welcome back. bob pisani down on the floor of the new york stock exchange. modest gains in the markets today. why so modest considering we had nonfarm payrolls better than expected and the greek private sector debt deal concluding. but we had the rally. it's already there. up almost 9% for the year. a very simple answer,...
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Jul 5, 2012
07/12
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for you, downside risks or upside risks for the u.s. economy from here? >> i think the risks are definitely to the downside. if we look at what are the positives for the second half of the year, the main thing we can point to is lower gasoline prices. but that's about it. i mean, that will help consumer purl chasing power some but we have a slower global backdrop. we have got a weaker labor market and very weak consumer purchasing power overall so staying on track is a pretty decent forecast. i mean, that would be a decent outcome and risks are that we might see slowing from here. >> if only one of the bright spots throughout is falling gasoline prices, it is not that much of a bright spot, right, garry? are we at a level where it boosts consumer spending? >> well, they have been coming down. they have been providing a modest lift to purchasing power. you have point to a few other things. individually, not all that extraordinary, but taken together could provide something of a moderate lift toward the end of the year. the housing recovery benefits the eco
for you, downside risks or upside risks for the u.s. economy from here? >> i think the risks are definitely to the downside. if we look at what are the positives for the second half of the year, the main thing we can point to is lower gasoline prices. but that's about it. i mean, that will help consumer purl chasing power some but we have a slower global backdrop. we have got a weaker labor market and very weak consumer purchasing power overall so staying on track is a pretty decent...
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Apr 17, 2012
04/12
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jonathan, i guess my question is, has the u.s. market insulated itself to a certain extent from some of the problems in europe given the economic data has been better and the mood seems to be bett or not? >> right. when you look back six, nine months ago, every headline that we saw was coming out of europe was dictating our markets. i think investors kind of got tired of that after a bhwhile a started focusing back domestically, what was happening here. europe has become a second headline. investors haven't forgotten about the positive news that has happened here. jobs numbers have gotten better. earnings are getting better. investors look at earnings reports. they're looking at balance sheets. cash on hand. how companies will use cash on hand going forward. looking at positives here but not forgetting what's in europe. >> decoupling is important. we are outperforming. only down 3% from the recent highs. >> when you look at europe, guys, i was looking at some of the indexes. over the past year some of the big ones are down only ab
jonathan, i guess my question is, has the u.s. market insulated itself to a certain extent from some of the problems in europe given the economic data has been better and the mood seems to be bett or not? >> right. when you look back six, nine months ago, every headline that we saw was coming out of europe was dictating our markets. i think investors kind of got tired of that after a bhwhile a started focusing back domestically, what was happening here. europe has become a second...
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Jul 31, 2012
07/12
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we want to hear if you think the u.s. could face that type of massic black out, tweet us at cnbc "closing bell." your responses later in the show. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-2550 and the reality is, with s
we want to hear if you think the u.s. could face that type of massic black out, tweet us at cnbc "closing bell." your responses later in the show. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and...
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Apr 16, 2012
04/12
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. >> here in the u.s. versus -- enough to offset overseas. >> with apple, there are clearly concerns. apple is down five days in a row. there are big macro concerned the last five days. it has been on the mixed side the last few weeks and let's be frank about that. >> and the lows today, there is some discussion as to whether the valley is short covering. so the real request going forward is going to be, which do you believe? do you believe the rally we are getting today or the sell off last week? >> 195 on the ten-year, low estd since november there. but let me dwell a minute more on europe. >> they did inl promprove, abso. after spain closed, you know what they did in argentina? they are threatening to nationalize their oil company. last thing that spain needs, nationalizing products. >> great it see europe lining up against argentina. which made disastrous moves, as you have reported, many times. >> the last 15, 20 years. >> arguably for 50 years. >> yes. >> the country enormous size, potential leader,
. >> here in the u.s. versus -- enough to offset overseas. >> with apple, there are clearly concerns. apple is down five days in a row. there are big macro concerned the last five days. it has been on the mixed side the last few weeks and let's be frank about that. >> and the lows today, there is some discussion as to whether the valley is short covering. so the real request going forward is going to be, which do you believe? do you believe the rally we are getting today or...
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Oct 12, 2012
10/12
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first of all u.s. gypsum, it's hard to find a time frame where this stock doesn't look good technically. i think the risk/reward on usg is staggeringly easy. the stock right now, 20 bucks is a pretty important support level, if it can stay above that you could be long this thing. if it breaks 23 1/2, 24, i don't see any sellers up until 30. why not give that a shot with some of your faster money. it's certainly not a blue chip company but it could work. i also am working at masco from time to time for trades and interesting things in areas like decors, sherwin williams plays big there, powerful company raising its dividend, buying that stock. there are a lot of names in this space that don't get a lot of air time and i think they're benefiting from one very simple thing, scott, to wrap up. you still have millions and millions of foreclosed homes that have to come back to the market. there's private equity money for these homes, there are specul e speculators and the minute they buy one, they spend mone
first of all u.s. gypsum, it's hard to find a time frame where this stock doesn't look good technically. i think the risk/reward on usg is staggeringly easy. the stock right now, 20 bucks is a pretty important support level, if it can stay above that you could be long this thing. if it breaks 23 1/2, 24, i don't see any sellers up until 30. why not give that a shot with some of your faster money. it's certainly not a blue chip company but it could work. i also am working at masco from time to...
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37
Sep 18, 2012
09/12
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i would note that third quarter 3.5% nominal u.s. gdp means there can be corporate top line sales and then we have the threat of the fiscal cliff. i'm not willing to pay high multiple for a 65-year high in corporate profit margins. the fourth thing is, camp rom y romney -- camp romney is in chaos and obama is now a clear leader. i'm not making a political statement, but most people think the republicans are market and business friendly. >> mike murphy -- >> the big problem i have is geopolitical risk, and the final thing is that this open-end nature of qe-3, to me, will reduce the pressure on our leaders to fix the debt problem. >> doug, mike murphy has something for you, doug. >> hey, doug, looking at what the market's done here recently. it's had a very nice orderly up. all the key levels, backed and filled from the right level. so from the technical standpoint when we got above 1,445, i thought that gave a clear signal we're in an upturn and will continue that upturn toward 1,500. do you see anything from a technical standpoint wh
i would note that third quarter 3.5% nominal u.s. gdp means there can be corporate top line sales and then we have the threat of the fiscal cliff. i'm not willing to pay high multiple for a 65-year high in corporate profit margins. the fourth thing is, camp rom y romney -- camp romney is in chaos and obama is now a clear leader. i'm not making a political statement, but most people think the republicans are market and business friendly. >> mike murphy -- >> the big problem i have is...
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Feb 27, 2012
02/12
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according to customer growth partners, u.s. consumers begin to cut back on discretionary spending when their combined energy-related spending reaches 6% of total. right now, we are at 6.2% of total consumer spending going to energy, up from 5.8% last quarter. now the beginning of june 2008 was when we saw gas praises at $4 a gallon for the first time and energy-related spending hit 6% of total spending. from the time gas prices rose from $3 to $4 a gallon, the s & p retail index fell 11% and 10 of the components shares lose more than 13% with department store sears and macy's faring the worst. neither do dollar general nor family dollar, interestingly, saw boosts from consumers trading down. shares of retailer costco and walmart, some sell gasoline, among other products, gained 8.5 and 32% on their shares respectively n december of 2010, gas prices again crossed $3, hitting near $4 five months later, however, with the markets in rally mode during that period of time, the retail index rose nearly 6% during that period. maria, ba
according to customer growth partners, u.s. consumers begin to cut back on discretionary spending when their combined energy-related spending reaches 6% of total. right now, we are at 6.2% of total consumer spending going to energy, up from 5.8% last quarter. now the beginning of june 2008 was when we saw gas praises at $4 a gallon for the first time and energy-related spending hit 6% of total spending. from the time gas prices rose from $3 to $4 a gallon, the s & p retail index fell 11%...
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Feb 17, 2012
02/12
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. >> oil rising the third day, heading for the biggest weekly gain this year, signs of an improving u.s. economy bolster the outlook for fuel demand. let's make a pit stop for senior developing director at pit curve. as long as a run is in this conversation, you have a complete floor under crude. enough said, right? >> absolutely. we talk about this on the "fast money halftime report" two weeks ago. $95 to $100. when markets move, they have pressure points. there was a huge technical pressure point at $103.73. that january 5th high. that's coming. we'll see that move higher. bulls are just warming up in crude. >> what breaks it out of the $95 to $105 range? in either direction, frankly? >> i think what just happened, that undercurrent, geopolitical tension, israel, iran, supply being reduced. that was the initial move upwards. at the same time, i think the data is supporting we have strength in the economy. there are a couple movements. once we get over $103.73, shorts are on the run. >> grasso, what have you got for killer? >> we agree it's iran. i want to flip it on him right now. wha
. >> oil rising the third day, heading for the biggest weekly gain this year, signs of an improving u.s. economy bolster the outlook for fuel demand. let's make a pit stop for senior developing director at pit curve. as long as a run is in this conversation, you have a complete floor under crude. enough said, right? >> absolutely. we talk about this on the "fast money halftime report" two weeks ago. $95 to $100. when markets move, they have pressure points. there was a...
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Feb 7, 2012
02/12
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what about the fed in the u.s.? bernanke speaking today, reiterating low, exceptionally low rates until 2014. >> it's really tough. we work at schwab with smaller clients who are trying to earn some income off of their fixed income, and it's really tough. we're not advising to go long duration, because that's a really higher risk way to go at this stage of the game. so a little bit more credit risk. but people are definitely searching for yield wherever they can get it. >> the high yield bonds then? >> if you have that sort of appetite. i woint load your portfolio with the higher bonds. if we get a better economic environment in 2012, there's room for high yields bonds to do a little better. we like investment grade corporate bonds as well. i think this is the year youer the coupon. you're not going to get the price appreciation we've had the last couple of years in bonds but you earn the coupon. for a lot of people, that's good. >> or i'd invite them over to the equity markets where we have plenty of high-quality c
what about the fed in the u.s.? bernanke speaking today, reiterating low, exceptionally low rates until 2014. >> it's really tough. we work at schwab with smaller clients who are trying to earn some income off of their fixed income, and it's really tough. we're not advising to go long duration, because that's a really higher risk way to go at this stage of the game. so a little bit more credit risk. but people are definitely searching for yield wherever they can get it. >> the high...
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212
Jul 11, 2012
07/12
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while you guys in the u.s. are familiar with the raincoats, the classic checked pattern, we may all know the brand well, they came in and said revenues were up 11% in the earliest quarter, shy of what the consensus was looking for. in asia in particular, market slowdown in growth. quickly the narrative shifting to whether this is something about burberry specifically or about the strength of global demand more broadly, especially for the key luxury market. let's take a look although bond yields. interestingly enough, spain and italy showing a bit of relief on this front. if you can call it that with the ten-year in italy still although 5.907% and spain 6.775% this morning. both of these are ones to watch as they're searching for direction. going higher and lower, not seeing the pressure from yesterday but not relief either. france is 2.331% and germany, one to mention because, guys, they just auctioned off ten-year debt at a record low. the yield now in the market sitting at 1.3%. just a quick check of what's h
while you guys in the u.s. are familiar with the raincoats, the classic checked pattern, we may all know the brand well, they came in and said revenues were up 11% in the earliest quarter, shy of what the consensus was looking for. in asia in particular, market slowdown in growth. quickly the narrative shifting to whether this is something about burberry specifically or about the strength of global demand more broadly, especially for the key luxury market. let's take a look although bond...
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Feb 24, 2012
02/12
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>> and city to city, locale locale across the u.s. we've got the answer. >> i'm sharon epperson at the nymex. the wholesale price is what we're seeing traded here in the futures market. more coming up on the "closing bell." >> later fda commissioner margaret hamburg joins us to explain what the agency is doing to address the ongoing prescription drug shortage in this country. it's her first-ever broadcast interview, so be sure to stay tuned coming up. before the break, some highlights from other guests who have appeared today on cnbc. >>> we're locked into this with what appears to be an end game with iran in some form or another. and the sanctions really start to kick in over the next several months. and the whole aim is to choke off iran's oil revenues, and that means cut off its exports. >> it's going to push oil prices higher. it's obviously a bad thing for consumers. i think ultimately, the pressure on iran will be too p for them one way or the other. >> there's no quick fix, no short-term fix of this. the best strategy for the c
>> and city to city, locale locale across the u.s. we've got the answer. >> i'm sharon epperson at the nymex. the wholesale price is what we're seeing traded here in the futures market. more coming up on the "closing bell." >> later fda commissioner margaret hamburg joins us to explain what the agency is doing to address the ongoing prescription drug shortage in this country. it's her first-ever broadcast interview, so be sure to stay tuned coming up. before the...